Indian markets are likely to open positive tracking global indices and SGX Nifty.
U.S. stocks closed higher on Friday amid rising optimism about economic recovery thanks to upbeat economic data and prospects of additional fiscal stimulus. US President Joe Biden on Friday unveiled a 6 trillion budget for next year thats piled high with new safety net programs for the poor and middle class. The Dow closed up 0.19 percent at 34529.45 The Nasdaq which rose 0.09 percent at 13748.74 almost at the days low.

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